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are conducting a strike on the very same day. >> strikes are under way in greece, italy, and france, and railway workers in belgium have also walked off the job for 24 hours, affecting both domestic and international services. >> let's go live down to spain now. miles thompson joins us on the line from madrid. what is the latest? >> well, there have been a number of demonstrators, but at the moment, i am on the streets, and it is relatively quiet. as a whole, there were many shops that close, especially smaller businesses, but life can at least continue without disturbances if there are many people working at the moment. >> the rhetoric is getting quite stronger. as we heard, one leader there is calling austerity a suicidal policy. how widespread is that, do you think? >> what we have to be careful about is separating support for the trade unions and general anger among the population. certainly, what the trade leader -- what the trade union leader does ring true with a large number of people unemployed at the moment and an economy in deep recession, but at the same time, there are people who re
across the eu, but in the form of strikes. workers in spain, portugal, italy are set for the nation's first cross-border anti-austerity protest. >> italy is looking to raise $3.5 billion euros. >> cisco posted better than expected first quarter reports. john chambers sounds a cautious but optimistic note about the u.s. economy. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> hello. welcome to today's "worldwide exchange". >> 40 unions in 23 countries. that's the strikes that are planned across europe today. so if you thought there couldn't be any coordination, there is coordination. >> how are we going to be affected? >> you know, air travel, surprisingly, they have had to have a lot of cancelling due to strikes. >> we're fully at our jobs. there's two hours of it today. let's remind you exactly what's coming up. we'll have updates from beijing throughout the program as the new generation takes the first step towards leadership. >> and we're in london. talk to the ceo of wpp, martin sorrel. >> we discuss japanese banks. >> and the lates
the stand-off. >> at least three people have died in central italy during heavy rainfall and widespread flooding. two men and one woman died when their car fell off a collapsed bridge in tuscany. the region has been hard hit with 800 people evacuated. thousands have been left without electricity and several towns are isolated because the roads are swamped. the city of venice is slowly returning to normal after a weekend deluge. here is the report on the flooding throughout italy. >> it seems there is no end in sight to the gushing water. in this part of italy, towns have become inundated, bringing life to a standstill. this is the seaside town. in summer tourists normally flock here in the thousands. now, people are doing everything they can to get out. roads and recreation grounds are submerged in brown, soupy water. and in some warts of this region the only way to get around is by boat. elsewhere, it is just not safe at all. the area affected is just north of rome. here it has been raining for days. the bad weather has swept across italy. in venice, seasonal flooding was higher and mo
continent flooding has been affecting much ofhe northern italy and i know a lot of people are still waiting. let's take a look the at a video from there. residents of northern italy are dealing with the aftermath of serious flooding that occurred over the weekend. in al bin amore than 800 have been evacuated. the floods have damaged agricultural industries which are the core of the area's economy. i think those cars weren't actually supposed to be there and so people are trying to recover from this flooding situation. it is not alleviated yet. let's pull back and show you this is good news to italy where the precipitation will finally be tapering off and the dry weather will be remaining towards the weekend. we have another system over towards northern africa and that will be moving west towards the western east towards the western mediterranean sea area. southern italy will be feeling those showers in the nex24 to 48. temperature wise madrid at 18 degrees and paris at 10 and very chilly and biting cold in moscow with 3 for your high. here is our extended forecast. >>> our lead story this h
france and italy fear their car-making businesses could be hurt if imports from japan increase. many member nations doubt japan's willingness to lower in public works and rail. the commission proposed the talks only on condition that the e.u. can pull out if there is no movement from a ja pan on these issues within a year. p >>> japanese auto makers have been noticing a trend and hope to reverse their production levels in the country and keep falling. they were down again in october by nearly a half from nearly a year ago. tension between an ongoing territorial dispute between japan and china is the driver. toyota motors production in china was down more than 60% compared to the same month last year. nissan motors saw a 44% plunge. honda's output was down 54%, suzuki's 32%, and mazda's 27%. mitsubishi motors recorded the biggest fall among the six makers at nearly 85%. their total output in china plunged nearly 50% to about 150,000 units. japanese auto exports to china also suffered. mazda shipped none last month. toyota's exports to china plunged by 91%, while nissan's fell by
against excessive cuts in government spending. wednesday's rallies in spain, italy, greece and elsewhere were planned by the european trade union confederation. in spain more than 10,000 people staged demonstrations in central madrid. clashes with riot police left some people injured. protesters also clashed in rome and milan. in spain and portugal workers went on strike, some schools were closed, and flight services were canceled. the labor confederation says austerity is a total dead end social protection and wages can no longer be sacrificed. critics say the european economy is stagnating due to these austerity measures. these cludtax hikes d payroll cuts in the public sector. that's all for business news for this hour. i'll leave with you a recap of the region's markets. >>> the european union will use its nobel peace prize money to set up a relief fund for children in war zones. the move follows criticism of this year's award to the eu. the eu says it made the decision ahead of the awards ceremony in norway on december 10th. the prize money is about $1.2 million. the union won the 2
of the zero economic growth -- spain, italy, portugal, and greece have seen rising unemployment and chronic budget shortfalls, but now, economic growth is also slowing in northern europe's industrial economies. in europe's biggest economy, germany, third quarter gdp growth came in at just 0.2%. it was the same figure in france, though analysts had been expecting even weaker numbers. in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the recession did not pull down the market drastically. our correspondence sent us this report from the frankfurt stock exchange. >> of course it is bad news that the economy and the eurozone slipped into recession, but still, traders managed to find a few positive aspects in the reports. in italy, the contraction was much smaller than what economists had anticipated. france against the odds managed to pr
in southern italy are dealing with stormy conditions. a tornado has hit the region. mai shoji from the weather desk tells us more. >> yes, a couple of low-pressure systems that are very well developed over the central mediterranean sea. you can see this cloud formation. this is creating some severe weather across the region. we have a video coming out from southern italy. let's take a look at this. take a look at this freak tornado. it hit europe's largest steel plant in taranto in the south of italy on wednesday. the twister brought down a chimney stack and damaged a warehouse and a lighthouse. one person is reportedly missing with some two dozen injured. the intense storm which spawned the tornado continues to swirl over the central and western mediterranean on thursday. let's pull back and show you what's happening here in europe. now, these couple of storms are still in similar regions as you can see. and the isobars really close to each other. it's going to be very gusty. damaging winds, hail, thunderstorms on the severe side, these are all going to be on top, and even tornadic activity c
models in italy, including jeeps, for export to north america. now, is that true or is that false? >> that is absolutely true, and prior to that there was a bloomberg report that did say that the yacht was going to be building jeeps in china, possibly old jeeps, so that is where the governor romney got that information. now, there was one slight inaccuracies under the romney and where he said the obama administration sold chrysler to the italians. he didn't. he gave it to them. the only thing they paid up front was some technology they transferred. did not even pay any money for it. gerri: you're saying possibly the ad is to kind. >> yes. it is. it is true that china part of it is true. what was a little unclear was originally the bloomberg article said that they might build of jeeps in china. that doesn't appear to be true. it will build some for the chinese market, but also, there is still a risk that there will export these things. the italian story is a little more concerning because the need to get some cars built in factories that are underutilized in italy. during the confe
the victim's identity. >>> four deaths are blamed on severe flooding in italy. hundreds of evacuations. heavy rains led to rivers overflowing in central italy. northern italy had also been hit hard. the city barely keeps up with the storm surge. >>> cbs moneywatch time now on a wednesday morning. strikes across europe today and thanksgiving travellers will have plenty of company. ashley morrison has more. >> reporter: police in spain arrested 30 people as another general strike gets under way. workers in spain and portugal walked off the job in protests of austerity measures. the strike prevents travel by train and air as well as closed down schools. protests are also planned in italy, greece, france and belgium. asian stocks got a lift after greece had a sale of short term treasury bills on tuesday. tokyo's nikkei broke a seven day losing streak while the hang seng gained 1%. investors jitters over the fiscal cliff in the u.s. and economic turmoil in europe sent wall street lower. the dow closed down at 58 points while the nasdaq fell 20 points. millions of shares of facebook could be lookin
anything greece, spain, italy, or the united kingdom has tried. in fact, it's almost three times the size of britain's austerity program. and the results of those european programs have thus far been a dramatic slowdown in economic growth and a sharp spike in unemployment. once again, the rhett of the world watches to see if the united states, the center of the global economy, will actually commit economic suicide. the most puzzling aspect of our dilemmas is how manageable they are. unlike greece or spain or even britain, the united states has a fundamentally healthy economy. we have problems, but we have solutions to them. the true virtue of the simpson-bowles deficit reduction plan is that it illustrates that the united states's debt problem can be readily resolved as lop as both parties compromise. the truth is most of america's problems could be solved using some version of the simps simpson-bowles approach. imagine a bipartisan and independent panel that proposed comprehensive immigration reform or social security reform or tax reform. perhaps we need an inpen department agenciered b
.78%. italy seeing a bit of a rally, too. selloff for britain and bund oigs boig benefitting. quick look at information rek. 81.02 is the left. down another tenth of a percent. euro-dollar is lower by a quarter of a percent. nymex and brent both adding to their levels as we see continued unrest across the gaza strip. gold, though, is lower. let's get out to asia. it's china, japan, which are dominating trade morning. >>> markets wrapped up the week on a mixed note. nikkei ended at a two week high. hopes of more policy easing. the yen trading around the 81 handle versus the greenback. shares in china extended losses and down 2.6% this week. no real policy cut list after china unveiled its new team of leaders. oil leaders lost ground after beijing cut the retail fuel prices, but environmental plays bucked the downward trend yet again on hopes of more government support. the hang seng index managed to eek out modest gains. walmart posted disappointing earnings. the htc shares surged nearly 5% on on news its market share has doubled in q3 from the previous quarter. a south korea automakers w
, the cruise ship that ran aground near italy last january. a huge salvage operation is now in full swing. the goal was to turn the ship upright and tow it away in one piece, thereby reducing any risk to the environment. it is a monumental challenge and a source of fascination. >> life seems idyllic in the hidden nooks of the small island. cappuccino on the port, fresh vegetables. >> business has been good this year thanks to the concordia accident. the'seen enoughork. >> the costa concordia. some 1000 tourists a turned up each day since it ran aground here last january. to set the things it is scandalous -- giuseppe thinks it is scandalous. and it is the same thing morning and night -- all these people taking photos without even thinking about what happened. >> local priest calls -- recalls the accident with a mixture of cheers and laughter. thousands of stranded passengers strip -- streamed into his church after the cruise ship ran aground. he provided them with blankets and even ceremonial robes. >> it was chaotic and freezing in here. our heating has been broken for many years. a lot
a low-pressure that is moving across italy here, some windy conditions for you, but also a little bit farther towards the east, we have this frontal area which is pushing off towards the back black sea, already into the balkans. this has been bringing some very heavy rains and even flooding conditions. i want to show you video coming out of this area where heavy rain over the weekend has caused rivers to burst throughout sloven slovenia, reld alarms sounded as some floods cut off entire communities here. these cars are under water. but also in croatia, they were also sit by heavy rain and strong winds, which flooded streets and brought down trees, although damage was minimal here. it does go to show that the strength of these storms as they did push overhead. now, once again, in italy, we have this other storm system a little bit farther towards the west across the iberian peps la, a low pushing off here, bringing rain showers for you. off towards the north, frontal area diving towards the south, bringing gusty winds, heavy winds across the scandinavian peninsula, even some snow. 83 k
continued attention from people in venice in italy and the world, i suspect a lot longer. >> what is the bill going to be? >> the bill is going to be on the order of 5.7 billion euros. >> are people prepared to pay that kind of money to keep them as looking as lovely as we have always known it? >> they have paid for a significant amount of it already. the fate of italy is very much concerned. they have been investing properly. needless to say, with the financial crisis over the eurothe world and europe, moneys slowed down some and that slows down the work. we're hopeful. >> let's hope they can keep venice standing. thank you. now to a most unusual robbery. the tower of london has been a place you'd rather breakout of, not into. recently, a set of keys there witnessing and police are investigating how an intruder managed to steal them. robert hall has the details. >> of prison, a fortune, a jewel house. the walls of the tower of london have stood solid and reassuring for over 900 years. a long list of those who could bear witness to a security. a few brief minutes have caused hear
. >> we're also live in italy ahead of the three biggest banks reporting earnings. >> and we find out how diwali indian festival of lights is affecting appetite for gold. >> and congress is back in session and with seven weeks to go, the fiscal cliff deadline looms. what's expected out of washington. we'll take a look. >> meanwhile greece will have to wait another week for a crucial loan amid a spate over athens debt prediction time table. christine lagarde has been open in her disagreement. >> from you'our perspective, th sustainability of greece has to be measured in 2020, and our target is 120%. >> against this backdrop, greece planning to auction as a part of refinancing 5 billion euros of debt that has to be paid on friday. it is the 16th on friday. >> i believe so. >> so joining us now in london is justin knight, head of european rate strategy. patrick stays around, as well. justin, thanks for joining us. first of all, this little spat on the two year extension, how much >> of course they're politicians and in jean claude's own words, different circumstances. they have to get reelec
direction. >> and his sound has made him a superstar in italy. now this musician is out to make his mark. welcome to our viewers on public television in america and around the globe. just a few hours ago, a cease- fire to end the fighting between israeli military forces and hamas militants. it came after hours of diplomacy involving the u.n. secretary general and the secretary general -- and the u.s. secretary of state. from gaza, jeremy bowen reports. a warning, you might find some of these images distressing. >> because i came back to life after the cease-fire began. -- gaza came back to life after the cease-fire began. coming to another israeli bombing campaign felt like another victory. this was the hamas interior ministry. governing with or without a cease-fire will be harder with the main administrative center ron. in jerusalem tonight, is real hint that more military action if the new cease-fire does not hold. >> i know there are citizens expecting a more severe military action, and perhaps we will need to do so but at this time, the right thing for the state of israel is to use t
, for italy, for ireland? >> the irish have been the really stand up guys throughout this whole process. they've gone in first, taken their lumps and got themselves quite competitive. they're not going to be turning around and saying you're kind of bailing out the greeks. what about taking some pressure off us? we have a massive debt burden, we really need some compensation here, as well. but it's worth taking a step back even from that and saying the germans and other surface running countries in europe always did have the opportunity to bail out the deficit countries, but almost the obligation. that's what happens if you create a united states of europe. just like alabama was bailed out by new york state or whatever it is. >> i think you were struggling to find a strong state there for a second. >> was a little bit. so the actual transfers aren't necessarily the problem. the problems are two fold. the first as you alluded to is the internal competitiveness of particularly the peripheral countries. when they joined the euro, they took advantage of the low borrowing costs to borrow and spend
six. floods in venice -- heavy rain and wind it wreak havoc in north and central italy. midday in london, 7:00 in the morning in washington and 8:00 in the evening in beijing where delegates of china's, this party have been deliberating. this week the focus on the world will be on the handful of men about to take their seats at the very top of china's, this party. but what about the other 82 million members. why did people join? do they still believe in communism? from the chinese capital -- interesting times, john. >> they are very interesting times. of course, the focus has been on the very few men at the very top of the party, for good reason. we have heard a lot less from ordinary chinese citizens this week because they have almost no say in the power transition taking place here in beijing. nonetheless, this is all about the party, of course. this is not the changing of the offices of state but the shuffling of key positions at the top of the communist party. in that sense, in the broadest possible sense, the opinions of party members do matter. we have been speaking to ju
. the exchange service is saving the day, to 36 exchanges in guam, italy, japan, kuwait, portugal, turkey, and the u.k. you can go to "shop my exchange" and they can pick it up at their exchange. >> now the forecast -- >> it is another chilly day. it is several days since the average high, which is 61. we will be below that mark this afternoon. 43 in parkton. at least the sun has come out. we will sneak into the low 50's later today. we will see some sunshine and as you stay out of the shade, you will be all right. the storm system is coming through and this will turn into a nor'easter. we have the gfs model. high pressure on tuesday and the clouds may thicken up as the storm gets doing. we have the outlook for tomorrow. we have a coastal low. we are in the percipitation there. it may be cold enough for the snow to mix in with the rain. there are some computer models keeping this far enough offshore so baltimore misses everything. we may have winds up to 40 mph with some inland snow. up in that part of the country. ithe range is to 53 as the seven-day forecast is like this. a high of only
everywhere critic rex from spain to portugal to greece, italy, belgium and france -- a general strike sweeps across europe. millions of protest spending cuts and tax hikes they say of deepened the region's economic crisis. we will get an update from spain, where one out of four workers is unemployed. then the scandal that brought down cia director david petraeus spreads to the top commander in afghanistan. >> the president has put on hold general allen's nomination pending the investigation of his conduct by the department of defense. >> we will be joined by writer glenn greenwald, now of "the guardian." he says the stars of the national security establishment are being devoured by out of control surveillance. then noam chomsky visits gaza. >> it is kind of amazing and inspiring to see people managing somehow to survive, essentially as caged animals, subjected to constant random, says district -- sadistic punishment only to humiliate them. all of that and more coming up. >> this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. president obama will open defici
later and italy's ten year, below 4.5% this morning. so price rising. that yield falling. spain also benefiting. that yield down to 5.2%. bunds creeping back up to 1.4% level. let's key in on currency. the aussie dollar despite the broader risk-on attitude a weaker. dollar-yen moving higher 82.13. and the nikkei is adding to its string of gains throughout the month. euro-dollar rebounding off yesterday's trading session to add 0.1%. let's check in on how the asia trading session went overnight and for more, deidre wong morris joins us from singapore. >> well, it was a very good session over here, as well. headline driven. but a good session on the back of that optimism for fiscal cliff talk. all except this glaring spot of red. shanghai composite finishing lower for yet another session. it keeps falling further and further. doesn't seem that there is anything that policymakers or investors can do to lift sentiment in this market. different story in the hang seng, rebounding up about 1%. so a tale of two very different markets. hang seng up nearly 20 percent year to date. if you're pl
, so whether the u.s. down there or italy and spain here in the periphery, 4.7%, 6%, remarkable there, level for spain even today as the country's banks are being more fully examined in light of the national examination plans. the dollar/yen pulling back about half a percent to 8167. let's get to deirdre bolton from singapore. hi, deirdre. >> hi, kelly, how are you? and it's morris, by the way. but i'm flattered that you call me bolton. in china and hong kong, it was all about, what else, the fiscal cliff. those comments from the senate majority leader harry reid overnight really sparked some jitters in this session today, so we have red across the board. the shanghai composite, it is well and truly below that 2011 level, shedding another .9 of a percent. the hang seng was feeling some of that pressure from chinese stocks and shedding .6 of a percent. it was the mainland banks that were the culprit. they didn't fare as badly if the mainland. some capital requirement rules are going to be implemented that are raising concerns about loans and the ability of these major banks to give out
. >>> it is 5:40 right now. a violent tornado caught on tape in italy. >> the damage the freak twister caused at a steel factory coming up. >> and would you pay $7 for a caffeine fix? what's in starbucks' super expensive new coffee? ,,,,,,,,,,,,,,,,,,,, plant in southern italy. the twister blew a crane int >>> a worker is missing after a freak tornado stuck a steel manhattan in southern italy blowing a crane into the sea when it slammed into the plant yesterday. strong winds and lightning also took dunn a tower and a chimney at the facility. at least 2 dozen workers were hurt. >> think i would run. >>> more discussions are planned or capitol hill today in an effort to avoid that dreaded "fiscal cliff." the treasury secretary tim geithner and another man will visit separately with house and senate leaders to find common ground on how to avert a series of tax increases and spending cuts beginning in january. >>> president obama will have lunch in just a few hours with mitt romney. it will be the first time they have met face to face since the final debate shortly before this month's election.
government agencies. >>> severe flooding and strong wins are still wreaking havoc in italy. boats could be seen being swept away by strong currents. mean many roads are still swamped with water. a 73-year-old man is believed to have downed when his car was submerged in tuscany. torrential rain has caused rivers to burst that i banks and he can possess problems with drainable systems across many parts of northern and central italy. >> does that have anything to do with -- we have abeen doing stories about venice. >> all related in northern italy. that video is what you don't want to do is drive your car through the -- >> oh, yeah. no matter how many times you tell people that, they official do it. >> still going to try. >> turn around, don't drown. i wonder how you say that in italian. >> you study that up. we've got showers across the area. cooler air moving in. cooler air has moved in after 70s yesterday. we're in the 40s right now and later today, when you check in on your fox 5 weather app, the temperature is only going to be in the 40s. so much cooler air has moved in. we've got a l
windy here about 70 kilometers per hour and the rain could get heavy here in italy. don't want anymore additional rain. floong situation sti not eters. allevia alleviated. here is our extended forecast. >>> our lead story this hour, japanese opposition parties are putting more and more pressure on the prime minister to call an election. noda facing divisions within his democratic party. he said during the summer he could call an election sometime soon. he said he stands by his promise. >> translator: i'm responsible for my own words and i take their weight very seriously. >> he told his party's secretary general on sunday that he's thinking of dissolving the lower house by the call of the year. lawmakers say they expect to enact the legislation soon. that wraps up this edition of "newsline." thanks for joining us.
happening in the southern part of italy. temperatures are looking like this. eight degrees in berlin and seasonably cold out towards the east. here is the extended forecast. >>> one more story before we go. belgium is known as the home of luxury chocolate. a train made entirely of the sweet stuff is grabbing people's attention. >> wow! >> the edible creation is on display at one of brussels stations. it has 2 2 cars. measures 34 meters in length and weighs over one ton. the artist who created the train is not from belgium but malta. construction took six months and temperatures of 19 degrees celsius or less. it's set a record for the longest chocolate train. >> no, no. >> city officials say they haven't decided what to do with the train once the event ends. that wraps up this edition of "newsline." thanks very much for joining us.
and italy are concerned about the japanese vehicles. in response to these objections the european commission has included the clause in its basic policy that the eu could break off the top any time. that japan is not doing enough to open up its market a year after the talks get started. eu trade commissioner made clear that he will keep a tough stance during negotiations. >> let's not be anxious. europe is not naive. >> reporter: he wants to expand trade in an attempt to overcome the euro zone debt crisis. many members are hopeful about the free trade pact with japan. the talks may face raw growing due to wide differences of opinion. >> that wraps up this for this hour. i'll leave you with a check on market figures. >>> police fired water cannons and tear gas at hundreds of villagers and buddhist monks. the protesters say residents are being forcibly displaced. they say the mining operations are damaging the environment. the protests were unauthorize and the crackdown was carried out according to to international standards. the country's opposition leader visited the area on thursday evenin
. workers in spain, portugal, greece, and italy went out on strike. gary hewitt reports. >> hundred of thousands packed madrid to protest austerity. it throws down a challenge not just to the spanish government but to europe's leaders. protesters are trying to enforce a general strike by blocking roads. there were clashes with police, but protests were part of a europe-wide action with hundreds of thousands of people striking against spending cuts and austerity. >> all the cuts are bringing more unemployment. >> in madrid, protesters would from stall to stall, shutting -- pulling down shutters, turning on those using restaurants, surrounding taxi drivers but continued working. there are some basic facts driving the process. spain is in recession for the second time in three years. unemployment is still going out. the economy is weakening, yet further tax increases are in the pipeline. >> there were protests in at least six european countries today. much of the transport was shut down in a country where unemployment is nearly 26%. in portugal there was a general strike. in greece, pr
. >> reporter: meanwhile back at the port we discover a beetle in a tile shipment from italy. >> we did find one hitchhiker but he may be dead. >> reporter: cargo found with invasive pests may be destroyed or sent back, the first line of defense in what is now a multi billion dollar bug battle, sherri ly, fox 5 news. >> just last week customs and border patrol announced it intercepted an invasive beetle at the port of baltimore. the bug posed a significant threat to bean and corn crops. it's the first time the beetle had been found in the u.s. if an invasive pest gets into the country, it can cost billions of dollars toker
furniture made by jesse italy. the companies say there are two owners. in an e mail dominic longacre says the relationship is receiver skped no longer is responsible for the order. telly and vanessa tell us jesse itally has been promising since june it could make good on the offer. jesse itally said shipment woz be delivered in six weeks.. >> we hold out hope they will show up. >> the win here is just getting the chairs and we'll see. >> jesse italy told us this by phone. we're not legally affiliated with the 599 design group. it's unfortunate for the public and us that they have jesse on the door when their legal nim is 599 design group because some people have been robbed approximately 30 people have lost their money on this. jesse itally says shipments will go out once consumers accept the deal. vanessa will be required to pay a shipping fee of approximately $500. she has accepted the deal. the tellies still negotiating. i will follow this if you're in a similar situation i want to you tell me about it. go to 7 on your side. >> we'll look forward to seeing what happens next. >> winter
water flooded streets and squares in venice, italy. spilled into the city, leaving it nearly 60% under water. the flood waters left it nearly impossible to distinguish between the famous canals and streets and sidewalks. much of italy has been hit by bad weather in the past week. >>> the ipad mini makes its debut in stores today. apple's latest tablets started selling in new zealand and asia this morning. the new device measures 7.9 inches diagonally. more than a million minis will fly off the shelves on the first weekend. i'm sure you can wait and a new one will come out soon. >>> in sports, the san diego chargers take it to the chiefs last night. san diego leading in the second half and chiefs quarterback matt castle coughs up the ball in the end zone and san diego jumps on it for the touchdown. on kansas city's next possession castle picked up by demario williams he takes it 59 yards for the score. chargers win this one, 31-13. >>> coming up a little later after your local news on cbs this morning, live updates from the slow recovery from hurricane sandy. i'm terrell brown in new yo
us. >> we'll see you next time with more "teen kids news." steves: pisa, in the north of italy, is a grand city with a grand history. for nearly three centuries, until about the year 1300, pisa was a booming port town, rivaling venice and genoa as a sea-trading power. from here, where the arno river meets the sea, its 150-foot galleys cruised most of the mediterranean. during the crusades, pisan ships transported entire armies to the holy land. like many italian city-states, the republic of pisa prided itself in its independence from both popes and emperors. but eventually its fleet was defeated by genoa and its port silted up, leaving the town's economy high and dry. pisa's three must-see sights -- the duomo, baptistery, and leaning bell tower -- are reminders of its long-ago sea-trading wealth. this dazzling ensemble floats regally on the best lawn in all of italy. this square -- the piazza del duomo -- was nicknamed the "campo dei miracoli," or field of miracles, for the grandness of the undertaking. the architectural style throughout is pisa's very own pisan romanesque. whe
with congress to make sure this never happens again. >> pelley: jim, thank you. record flooding in italy has now turned deadly. we'll have the latest just ahead. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. cc >> pelley: officials in new jersey reported another death today from hurricane sandy. an elderly woman who died of an apparent fall was added to the list, bringing the toll to 128 in nine states. momore than 76,000 homes and businesseses are still without power and n
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